Back 5 Park Ln
Off Market

5 Park Ln

South Yarra VIC 3141

3
2
1
Townhouse
Last sold for $1,130,000
Josh HommelhoffJosh Hommelhoff, last sold this property on 27 February 2026 after 23 days on market.

Overview

Flexible Living In A Prestigious South Yarra Pocket

Designed for modern urban living, this stylish tri-level townhouse delivers exceptional flexibility, comfort and lifestyle appeal in one of South Yarra's most coveted pockets. Ideal for professionals, families and investors alike, it offers low-maintenance living, secure off-street parking, all just moments from Melbourne's vibrant inner-city attractions. The ground floor welcomes you via a private porch into a generous living area, complete with split system air-conditioning and convenient outdoor access. This versatile space is ideal for everyday relaxation or entertaining, providing excellent separation from the home's upper-level living zones. Upstairs, the first floor reveals a light-filled open-plan dining and kitchen domain featuring timber flooring, quality appliances and seamless flow to a private courtyard. Perfect for indoor-outdoor entertaining, this level also benefits from a ceiling fan in the meals area and direct access to the paved outdoor space, ideal for hosting friends and family. The second floor accommodates three well-proportioned bedrooms with built-in robes, including a spacious master suite with private ensuite, ceiling fan, split system air-conditioning and access to a second balcony. Bedrooms two and three enjoy their own private balcony access, while a central bathroom and separate laundry enhance everyday convenience. Positioned for an outstanding lifestyle, enjoy close proximity to Fawkner Park and Albert Park Lake, Domain Road, with the Melbourne CBD just moments away. Chapel Street, Prahran Market, CityLink, public transport and leading schools including Melbourne High School and Melbourne Grammar School are all within easy reach. *Please Note: Ray White Bentleigh/Carnegie kindly requests attendees to present Photo ID prior to property entry and inspection

Features

3 bedrooms
2 bathrooms
1 carspace
1 garage space
Townhouse

Estimated Value

Based on this property and similar 3 bedroom townhouses sold in South Yarra over the last 12 months, the estimated median property value of 5 Park Ln is $1.39m.

Median value
$1.39m
Estimated value range
$1.13m - $1.7m
Median days on market
26
Estimated value trend
-6%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in South Yarra. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5 Park Ln

2026
Sold
$1,130,000
27 Feb 2026 by Josh Hommelhoff, of Ray White Carnegie
2018
Rented
Undisclosed
Leased on 25 Jan 2018 by Belle Property South Yarra
2018
Rented
Undisclosed
Leased on 24 Jan 2018 by Belle Property South Yarra

Happy sellers in South Yarra

81%
81% of sellers in South Yarra reported that their sale price either exceeded or met their price expectations.

South Yarra stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 50 reviews in South Yarra over the last 12 months.

Local market activity for 3 bedroom townhouses in South Yarra

In the last 12 months, 21 three-bedroom townhouses similar to 5 Park Ln, have been sold.

This represents a 46% decrease in three-bedroom townhouses sales when compared to the previous 12 months.

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